Articles
- Parent Category: ROOT
- Wednesday, 06 October 2010
- Published Date
- Written by Bob Scott
Still there have been several disciplinary actions this year - and I'm sure if we look through the past records this is the norm - in which bans have been issued for professional work that was finished four or more years ago.
It is more important to halt the wrongdoing, such as actual stealing and fraud, immediately that whack the auditor for work that missed the problems. Yet, seeing lifetimes bans imposed on CPAs who appear to be at retirement age for work performed at a firm that no longer exists has an odd ring. Punishment would be more meaningful if imposed closer to the time of the offense when a ban would carve more year's off the auditor's involvement with public companies.
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